Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Posts Earnings Results

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) posted its quarterly earnings data on Thursday. The company reported ($0.11) earnings per share for the quarter, Zacks reports. Brasilagro Cia Brasileira De Propriedades Agricolas had a return on equity of 6.47% and a net margin of 11.99%.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

Shares of LND traded down $0.06 on Friday, reaching $3.66. 81,070 shares of the stock traded hands, compared to its average volume of 37,465. The stock’s 50-day moving average price is $3.79 and its 200-day moving average price is $3.79. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.79 and a quick ratio of 0.94. The firm has a market cap of $375.30 million, a price-to-earnings ratio of 14.62 and a beta of 0.51. Brasilagro Cia Brasileira De Propriedades Agricolas has a 12 month low of $3.49 and a 12 month high of $4.25.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

A hedge fund recently bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas stock. EverSource Wealth Advisors LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,580 shares of the company’s stock, valued at approximately $37,000. Institutional investors and hedge funds own 1.15% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a report on Wednesday, October 8th. Itau BBA Securities cut shares of Brasilagro Cia Brasileira De Propriedades Agricolas from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

About Brasilagro Cia Brasileira De Propriedades Agricolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.